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    College Accounting Study Set 1
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    Exam 1: Accounting Concepts and Procedures
  5. Question
    If Total Assets Are $50,000 and Total Liabilities Are $22,000,Capital
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If Total Assets Are $50,000 and Total Liabilities Are $22,000,Capital

Question 3

Question 3

Multiple Choice

If total assets are $50,000 and total liabilities are $22,000,Capital must equal:


A) $28,000.
B) $18,000.
C) $8,000.
D) $20,000.

Correct Answer:

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